I would have to agree, simply because putting more unemployed out in the street at this point would make things seem ever all the more worse at the grass roots level...
So that would only create more chaos & panic...
The end result would be less spending & less turnaround
With all these people out of work, there is less money being re- introduced into the economy, as they support the other jobs... they purchase other services... they spend more money into the economy, by having their jobs... but by losing their jobs & cutting back... then there is that much less money going back into the local economy
& Whatever job you work for or whoever supports your job is more likely to go broke or be forced to make cutbacks...
If people have needs, but do not have money... the economy suffers & people go without their needs being met.
It's sort of like the people coming to Joseph during the great famine & spending all their money then they said, now the money fails, why should we perish... so Joseph sells them for their land... etc.
But when the money fails in our economy... do we barter or trade or do we simply have nothing & receive nothing... when the money fails, our economy stops.
We may have laborers, we may have the ability to produce plenty of food, we may have plenty of homes...
But those homes go un filled & sit empty
the food sits & spoils
The laborers go jobless.
We have every resource more plentifully than any other time or place in history... knowledge, education, food, houses, laborers, etc...
but we go without simply because the money fails.
WE are tightwads.
As a community, we do not value real life people, we only value wealth... If that could be restructured, the rich would be less rich, those with savings would have less savings, but the poor would profit.
& we don't want the poor to profit.
Problem is, at some point it catches up to us & we fall into the category of the poor.
To slow that, we need those who are making money to spend money to support us at the bottom of the rung.
Or we need to demand reorganization as a whole community.
Despite what it will do to the rich, the savings, the poor, the value of the dollar, etc.
& we need to allow ourselves to breath... since we can't do that , then we need to keep the jobs going that are the built in "automatic stabilizers"